In 10 years what US numismatic item will fade from popularity?

291fifth

I'll start:

1. State quarters first day covers.

2. Presidential dollar first day covers.

3. ?

savoyspecial

satin finish anything

ricko

CAC stickers. Cheers, RickO

RWB

Reverse proof anniversary things with stickers and first day covered stuff - remember FDFIs?

LindeDad

Anything up to batt first.

gecko109

Anything labeled "First Strike"

fivecents

Coins with special mint packaging, that are easily be found and bought in single form without the packaging.

Julio

Everything I've purchased from the Mint. . jws

OPA

3. None of the above....: ... something that the Mint has not produced as yet.

Type2

Business Strike half Dollar.

Artist

Anything where there is no inherent value, but only value that has been manufactured.

keets

Capped Bust Half-Dollars collected by Overton numbers and Morgan Dollars collected by VAM numbers.

pharmer

<< <i>CAC stickers. Cheers, RickO >>



Already happened.

SilverEagles92

Platinum. It will become so expensive per ounce that it will be impossible to own.

OPA

<< <i>Platinum. It will become so expensive per ounce that it will be impossible to own. >>



I would believe the oposite ... a product that is no longer needed in the industry, creating a 90% decline in the price per oz

gecko109

<< <i>

<< <i>Platinum. It will become so expensive per ounce that it will be impossible to own. >>



I would believe the oposite ... a product that is no longer needed in the industry, creating a 90% decline in the price per oz >>




Same thing could be said of gold. In what way is gold "needed" anymore?

itsnotjustme

SBA Dollars.

OPA

<< <i>

<< <i>

<< <i>Platinum. It will become so expensive per ounce that it will be impossible to own. >>



I would believe the oposite ... a product that is no longer needed in the industry, creating a 90% decline in the price per oz >>




Same thing could be said of gold. In what way is gold "needed" anymore? >>



crowns & first spouse coins? I would guess, for the same reason it was used 50 years ago...jewelry .. & "hard currency assets"

Broadstruck

Circulation coinage and paper currency for commerce.

ricko

Gold has many applications in electronics as well as jewelry. It is integral to the computer industry. Cheers, RickO

mrearlygold

JoeLewis

<< <i>Anything where there is no inherent value, but only value that has been manufactured. >>



I would argue that no coin has "inherent value." The only thing that makes a coin worth something is the perception (from numismatists) that it is worth something. That's true with any collectible item. Saying that gold and silver have inherent value is not true for the same reason.

Look at a hunk of aluminum and a hunk of silver. They are both hunks of metal. One of them is considered more valuable just because large groups of people think it is more valuable. Things change, and people change their perception of value.

Bear

The one thing I have learned about long term prognostications

is that they are usually wrong. The fickleness of human beings

in collecting ,is sure to amaze and astound the intellect. That being

said, those items already mentioned seam realistic as viewed in today's

mindset.

gecko109

<< <i>

<< <i>Anything where there is no inherent value, but only value that has been manufactured. >>



I would argue that no coin has "inherent value." The only thing that makes a coin worth something is the perception (from numismatists) that it is worth something. That's true with any collectible item. Saying that gold and silver have inherent value is not true for the same reason.

Look at a hunk of aluminum and a hunk of silver. They are both hunks of metal. One of them is considered more valuable just because large groups of people think it is more valuable. Things change, and people change their perception of value. >>




In fact there was a time when aluminum WAS as valuable as gold! Excellent point!

gecko109

<< <i>Gold has many applications in electronics as well as jewelry. It is integral to the computer industry. Cheers, RickO >>




But the VAST majority of it is used in the jewelry industry. Perhaps (no research, just a guess) less than 10% of the annual "consumption" is for electronics. Consumption isnt really accurate as gold is not used up.

rgl1345

Kennedy and Ike

Bear

Perhaps a time will come when a bit of

soy jerky will prove valuable .Especially

if one is hungry. The comment about aluminum

was quite correct. At one time, aluminum silverware

was reserved for the king and queen while mere gold

and silver ware were given to the guests. The reason

was that the primitive cost of extraction made the metal

extremely expensive.

BBN

I would say state quarters, but those have already died. Probably pres dollars

JoeLewis

I'm a HUGE fan of the old Twilight Zone shows. Dees anyone remember the one where criminals stole a ton of gold and hid in a cave. They came up with a way to hibernate (without ageing) for one hundered years. When they woke up they found that gold could then be manufactured, and therefore was not worth anything anymore

PerryHall

<< <i>I'm a HUGE fan of the old Twilight Zone shows. Dees anyone remember the one where criminals stole a ton of gold and hid in a cave. They came up with a way to hibernate (without ageing) for one hundered years. When they woke up they found that gold could then be manufactured, and therefore was not worth anything anymore >>



Yup. I remember it. Don't forget that it was fiction.

Fairlaneman

Toned Coins......hopefully.

Ken

JoeLewis

<< <i>

<< <i>I'm a HUGE fan of the old Twilight Zone shows. Dees anyone remember the one where criminals stole a ton of gold and hid in a cave. They came up with a way to hibernate (without ageing) for one hundered years. When they woke up they found that gold could then be manufactured, and therefore was not worth anything anymore >>



Yup. I remember it. Don't forget that it was fiction. >>



What? Fiction? I thought those were documentaries!

BigRed

<< <i>I'm a HUGE fan of the old Twilight Zone shows. Dees anyone remember the one where criminals stole a ton of gold and hid in a cave. They came up with a way to hibernate (without ageing) for one hundered years. When they woke up they found that gold could then be manufactured, and therefore was not worth anything anymore >>


I remember that one well, I seen it a few times. My big brother use to say that anything is worth what anyone will give for it. If you have been out in the desert for a few days without water you would gladly give a million dollars for a glass of cold water.

keets

hey Joe, i've seen that episode in the last year, it's a good one and relevant to much of what our present day society deems valuable.

roadrunner

Yeah, good Twilight Zone episode. In a hundred years a $100 FRN note might get you a cup of coffee too. I'll take my chances with the 5000 year track record of gold. Don't recall any FRN's being used back in those days. For something that's not needed, there sure are a lot of Central Banks and nations who are happy to buy the barbarous yellow metal.

If it's numismatic today, it probably won't fade away completely.
Even worthless Confederate currency from the 1960's has turned out to be worth something substantial.

roadrunner

Leonidas

<< <i>Anything labeled "First Strike" >>



In 10 years you will know that "First Strike" has not been sent in multiple times for grading. It will mean more when time goes on.

The US was in the 3rd rear seat for this designation. Worldwide Mint's have been doing this for quite some time.

Leonidas

<< <i>

<< <i>Platinum. It will become so expensive per ounce that it will be impossible to own. >>



I would believe the oposite ... a product that is no longer needed in the industry, creating a 90% decline in the price per oz >>



Platinum is used in Military Weapons Worldwide.

morgansforever

All the FDC's, all the current Prez offerings from the Mint, all 20th Anniversary Sets will milk, all are smelted.

gecko109

<< <i>

<< <i>I'm a HUGE fan of the old Twilight Zone shows. Dees anyone remember the one where criminals stole a ton of gold and hid in a cave. They came up with a way to hibernate (without ageing) for one hundered years. When they woke up they found that gold could then be manufactured, and therefore was not worth anything anymore >>



Yup. I remember it. Don't forget that it was fiction. >>



So was walking on the moon in 1935

gecko109

<< <i>Yeah, good Twilight Zone episode. In a hundred years a $100 FRN note might get you a cup of coffee too. I'll take my chances with the 5000 year track record of gold. Don't recall any FRN's being used back in those days. For something that's not needed, there sure are a lot of Central Banks and nations who are happy to buy the barbarous yellow metal.

If it's numismatic today, it probably won't fade away completely.
Even worthless Confederate currency from the 1960's has turned out to be worth something substantial.

roadrunner >>




From the dawn of man until just about 1,000 years ago, salt was the world's foremost currency. By my math, thats about a 100,000 year stint. Makes your 5,000 year stretch seem like a blink. And to think, I could go to the store and get 5 pounds of the stuff for almost nothing!!! Point is, things can, and WILL change.

roadrunner

You hoard the salt and pork bellies and I'll stick with gold. What works for the big banks is good enough for me. With all the gold claimed to be on asteroids maybe some asteroids futures might be a home run play. FWIW, we're looking at a 5-10 year window to play in here....not 100, 1000, or 5000 years. I predict no radical change in the quantity of mineable gold in the next 10 years....unless that is that the current shortages from the mines continues because of rapidly rising expenses (fuel, labor, supplies, taxes, fees, etc.)

roadrunner

gecko109

Short term (30-50 years) its a solid store of wealth I suppose. A hell of alot better than hoarding FRN's! But dont totally neglect silver. It is actually more valuable in its importance to industry than gold.

cladking

<< <i>


In fact there was a time when aluminum WAS as valuable as gold! Excellent point! >>




If you want to make an airplane aluminum is still more valuable than gold.

gecko109

<< <i>

<< <i>


In fact there was a time when aluminum WAS as valuable as gold! Excellent point! >>




If you want to make an airplane aluminum is still more valuable than gold. >>



And if you are on a deserted island with 1,000 cans of spaghetti o's , a canopener is more valuable than 10 pounds of gold.

LindeDad

<< <i>But the VAST majority of it is used in the jewelry industry. Perhaps (no research, just a guess) less than 10% of the annual "consumption" is for electronics. Consumption isnt really accurate as gold is not used up. >>



Good point as both jewelry and electronic components both have recyclying progams allready in use now.

cladking

<< <i>
And if you are on a deserted island with 1,000 cans of spaghetti o's , a canopener is more valuable than 10 pounds of gold. >>




I'd sooner die.

I'd find a way to get the cans open with 10 lbs of gold.

PerryHall

I would imagine state quarters will be less popular in 10 years.

Zoins

<< <i>

<< <i>Anything labeled "First Strike" >>



In 10 years you will know that "First Strike" has not been sent in multiple times for grading. It will mean more when time goes on. >>

I'm not sure if this will happen because most NCLT gets 69 or 70 already and most people don't bother regrading a 69.

DuPapa

BACTERIA MAKE GOLD

Prospectors looking for gold nuggets have swarms of tiny helpers: bugs that take up toxic gold complexes from the soil and spit out pure gold on to the grains around them. Link

Mowgli

I'm hoping TPG plastic holders are worthless in 10 years.

Shamika

High grade Lincolns dated 1982 or later.

Why? Hint: it rhymes with "sink".